Tag: China’s Rizhao Steel increases capacity under reduced swap policy
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China’s Rizhao Steel increases capacity under reduced swap policy
Rizhao Iron and Steel Holding Group Co Ltd’s total ironmaking capacity has gone up by 7.9325 million tonnes (mn t) while its steelmaking capacity has increased by 9.06 mn t post-its four acquisitions within the Shandong province, under the reduced swap policy. It acquired the total 5.69 mn t ironmaking capacity and 6.66 mn t…